Following the King Henry VII sovereign, succeeding monarchs each chose to strike a new version of the gold sovereign as a way of displaying their own power and strength, however this practice died out after the reign of Elizabeth I. It wasn’t until George III decided to replace the guinea with a new gold sovereign 214 years later that the coin was reintroduced into circulation. Since then the sovereign has gone on to become one of the UK’s most prized, most sought-after coins and it is still highly valued by many coin collectors today.

Reverse of 1968 UK Gold Sovereign

Why gold sovereigns make great investments

Gold sovereigns are one of Britain’s most striking and beautiful coins,

reflecting a time when the country was still at the height of its strength. Collectors who value gold sovereigns typically appreciate the incredible wealth of history behind them as well as their stunning designs. For some investors, gold sovereigns represent a way to invest in physical gold without the requirement of having to pay Capital Gains Tax, as all British legal tender is tax exempt. Other investors look to capitalize on the scarcity value of certain rare gold sovereigns and will often pay particular attention to rare dates and issues.

Due to the fact that gold sovereigns are classed as semi-numismatics, (coins whose value is based on their numismatic value as well their bullion value) they often trade above the gold value, making them an attractive investment for collectors. Gold sovereigns are also fairly liquid should you need to raise funds quickly and investors from all over the world are interested in purchasing them which means that you won’t have any trouble finding a buyer.

Purchase gold sovereigns through physical gold

We stock a huge selection of gold sovereigns including those produced from 1957-1968. Click here to browse our complete collection. Whatever your requirements, whether you’re looking for single investment opportunities or help to select a mixed portfolio of gold bullion, we can assist. Why not give us a call on 020 7060 9992?

Daniel Fisher

Daniel Fisher formed physical Gold in 2008, after working in the financial industry for 20 years. He spent much of that time working within the new issue fixed income business at a top tier US bank. In this role, he traded a large book of fixed income securities, raised capital for some of the largest government, financial, and corporate institutions in the world and advised the leading global institutional investors. Daniel is CeFA registered and is a member of the Institute of Financial Planning.